Market Overview:
The global lubricants for mining and quarry applications market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The growth of the market can be attributed to the increasing demand for lubricants from various industrial sectors such as automotive, marine, aerospace and others. In addition, rising awareness about the benefits of using synthetic and bio-based lubricants over mineral oil lubricants is also expected to boost the growth of this market during the forecast period. On basis of type, synthetic lubricants are projected to account for a major share in terms of value in 2018. This can be attributed to their superior properties as compared with mineral oil-based products. Furthermore, on basis of application segment, industrial sector is anticipated hold a dominant position in terms of value throughout the forecast period followed by automotive sector.
Product Definition:
Lubricants for Mining and Quarry Applications are used to help reduce wear on equipment by reducing friction.
Mineral Oil Lubricants:
Mineral oil lubricants are used in various mining and quarrying applications including diesel engine oils, gearbox lubes, brake fluids, chainsaws & power tools oils and general industrial oils. These products have a high viscosity index which provides better stability during processing. They also offer good resistance to oxidation and contain anti-wear additives that prevent metal-to-metal friction.
Synthetic Lubricants:
Synthetic lubricants are manufactured by the chemical reaction of olefins (specifically, polyalphaolefins) with bases such as sodium hydroxide or potassium hydroxide. The most common type of synthetic lubricant is lithium shear oil (LSO), which is a water-based emulsion of polyalphaolefin and vegetable oils.
Application Insights:
The industrial segment dominated the global lubricants for mining and quarry applications market in 2017, accounting for over 60.0% share of the total revenue. The segment is expected to witness significant growth on account of increasing demand from industries including oil & gas, construction, metalworking, and energy among others.
Global lubricants for mining.
Automotive was the second-largest application segment in 2017 owing to growing demand from countries including China India Japan South Korea Australia Mexico Germany U.K., etc., which are majorly involved in manufacturing vehicles as a part of their domestic production capacities along with other products such as electronics components that utilize steel as a raw material source due to its scarcity value across various markets globally since 2015 when compared with other commodities such as copper aluminum zinc crude oil prices have increased worldwide thereby impacting negatively on passenger car sales since 2014 especially in developed economies like U.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the high demand for industrial machinery and rapid growth of manufacturing industries. The region is expected to witness significant growth over the forecast period on account of increasing investments in construction, mining, and oil & gas sectors.
The Asia Pacific has been a major hub for various types of mining activities including metal extraction, coal washing, stone dressing etc., which has led to an increase in demand for lubricants across this region. In addition, rising awareness regarding fuel efficiency among consumers is anticipated to propel automotive sales across emerging economies such as India and China over the coming years. This factor will further boost product consumption in industrial applications such as printing presses or textile machinery among others.
Growth Factors:
- Increasing demand for lubricants from the mining and quarrying industries as a result of the growth in these sectors.
- Rising awareness about the benefits of using lubricants in mining and quarrying applications among end users.
- Technological advancements in mining and quarrying equipment that require specialized lubricants for optimum performance.
- Growing demand for environmentally friendly and biodegradable lubricants from mining and quarrying companies worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lubricants for Mining and Quarry Applications Market Research Report
By Type
Mineral Oil Lubricants, Synthetic Lubricants, Bio-Based Lubricants
By Application
Industrial, Automotive, Marine, Aerospace
By Companies
BP, Chevron, Exxonmobil, Shell, Total, BP
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Lubricants for Mining and Quarry Applications Market Report Segments:
The global Lubricants for Mining and Quarry Applications market is segmented on the basis of:
Types
Mineral Oil Lubricants, Synthetic Lubricants, Bio-Based Lubricants
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Automotive, Marine, Aerospace
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BP
- Chevron
- Exxonmobil
- Shell
- Total
- BP
Highlights of The Lubricants for Mining and Quarry Applications Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mineral Oil Lubricants
- Synthetic Lubricants
- Bio-Based Lubricants
- By Application:
- Industrial
- Automotive
- Marine
- Aerospace
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lubricants for Mining and Quarry Applications Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lubricants are used in mining and quarry applications to reduce friction and wear on moving parts. They can also be used to protect equipment from corrosion.
Some of the key players operating in the lubricants for mining and quarry applications market are BP, Chevron, Exxonmobil, Shell, Total, BP.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lubricants for Mining and Quarry Applications Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lubricants for Mining and Quarry Applications Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lubricants for Mining and Quarry Applications Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lubricants for Mining and Quarry Applications Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lubricants for Mining and Quarry Applications Market Size & Forecast, 2018-2028
4.5.1 Lubricants for Mining and Quarry Applications Market Size and Y-o-Y Growth
4.5.2 Lubricants for Mining and Quarry Applications Market Absolute $ Opportunity
Chapter 5 Global Lubricants for Mining and Quarry Applications Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lubricants for Mining and Quarry Applications Market Size Forecast by Type
5.2.1 Mineral Oil Lubricants
5.2.2 Synthetic Lubricants
5.2.3 Bio-Based Lubricants
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lubricants for Mining and Quarry Applications Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lubricants for Mining and Quarry Applications Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Automotive
6.2.3 Marine
6.2.4 Aerospace
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lubricants for Mining and Quarry Applications Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lubricants for Mining and Quarry Applications Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lubricants for Mining and Quarry Applications Analysis and Forecast
9.1 Introduction
9.2 North America Lubricants for Mining and Quarry Applications Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lubricants for Mining and Quarry Applications Market Size Forecast by Type
9.6.1 Mineral Oil Lubricants
9.6.2 Synthetic Lubricants
9.6.3 Bio-Based Lubricants
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lubricants for Mining and Quarry Applications Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Automotive
9.10.3 Marine
9.10.4 Aerospace
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lubricants for Mining and Quarry Applications Analysis and Forecast
10.1 Introduction
10.2 Europe Lubricants for Mining and Quarry Applications Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lubricants for Mining and Quarry Applications Market Size Forecast by Type
10.6.1 Mineral Oil Lubricants
10.6.2 Synthetic Lubricants
10.6.3 Bio-Based Lubricants
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lubricants for Mining and Quarry Applications Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Automotive
10.10.3 Marine
10.10.4 Aerospace
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lubricants for Mining and Quarry Applications Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lubricants for Mining and Quarry Applications Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lubricants for Mining and Quarry Applications Market Size Forecast by Type
11.6.1 Mineral Oil Lubricants
11.6.2 Synthetic Lubricants
11.6.3 Bio-Based Lubricants
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lubricants for Mining and Quarry Applications Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Automotive
11.10.3 Marine
11.10.4 Aerospace
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lubricants for Mining and Quarry Applications Analysis and Forecast
12.1 Introduction
12.2 Latin America Lubricants for Mining and Quarry Applications Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lubricants for Mining and Quarry Applications Market Size Forecast by Type
12.6.1 Mineral Oil Lubricants
12.6.2 Synthetic Lubricants
12.6.3 Bio-Based Lubricants
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lubricants for Mining and Quarry Applications Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Automotive
12.10.3 Marine
12.10.4 Aerospace
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lubricants for Mining and Quarry Applications Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lubricants for Mining and Quarry Applications Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lubricants for Mining and Quarry Applications Market Size Forecast by Type
13.6.1 Mineral Oil Lubricants
13.6.2 Synthetic Lubricants
13.6.3 Bio-Based Lubricants
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lubricants for Mining and Quarry Applications Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Automotive
13.10.3 Marine
13.10.4 Aerospace
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lubricants for Mining and Quarry Applications Market: Competitive Dashboard
14.2 Global Lubricants for Mining and Quarry Applications Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BP
14.3.2 Chevron
14.3.3 Exxonmobil
14.3.4 Shell
14.3.5 Total
14.3.6 BP
